CTE looks like a great little company. Love the fact that they don't issue any shares (last 10 years approx. same shares on issue) and the next report should show cash balance of around $6M.
So even at current prices, you are only paying $20M for the actual business.
Revenues are recurring, and NPAT margins approx 14%, with sales from higher margin products yet to be reflected in the numbers.. This is high margin, high ROE company that deserves a high PE.
Unfortunately, its virtually impossible to buy a good sized stake in CTE.
CTE looks like a great little company. Love the fact that they...
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Last
70.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1404 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2057 | 1 |
View Market Depth
| Last trade - 16.21pm 07/08/2025 (20 minute delay) ? |
| CTE (ASX) Chart |
Day chart unavailable